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Global grain oriented electrical steel market insights shared ...
Fri, 21 Jul 2017 03:02:00 GMT
Cogent(Tata Steel), Arcelormittal, Stalprodukt S.A., Ati, Wisco, Baosteel, Shougang and Ansteel. Complete Report Available at xxx ...

Tata Sponge Iron posts over 3-fold jump in Q1 profit
Fri, 21 Jul 2017 00:00:00 GMT
Tata Sponge Iron, an associate firm of Tata Steel, today said its profit rose over three-fold to Rs 30.5 crore for the quarter ended June

MIDEAST STOCKS-Qatar continues rally near pre-crisis level, SABIC ...
Thu, 20 Jul 2017 22:43:00 GMT
Egypt's Ezz Steel slides for third day after poor earnings By Andrew Torchia DUBAI, July 20 Reuters - Qatar's stock market continued rebounding on Thursday from lows hit after its diplomatic rift with neighbouring Arab states, while strength in top ...

Broker slaps buy rating on BHP Billiton Limited
Thu, 20 Jul 2017 18:32:00 GMT
This week BHP reported that total iron ore production hit a record 231 million tonnnes for ... a US$250 million compensation program it has put in place for victims of the Samarco dam disaster in Brazil, with some US$47.5 billion in public civil claims ...

Cabinet okays $1bn parastatals debt takeover
Thu, 20 Jul 2017 16:14:00 GMT
Business Reporter CABINET has approved the assumption of over $1 billion worth of debts that have been accumulated by some critical State Enterprises including Air Zimbabwe and Zisco Steel, as part of accelerated efforts to make them attractive to ...

$$ Fortescue loses landmark case on indigenous land rights
Thu, 20 Jul 2017 11:12:57 GMT
Fortescue Metals Group has lost a landmark legal battle against an indigenous group in Australia, which could leave it exposed to hundreds of millions of dollars in compensation claims as well as having ...,s01=1.html?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev&yptr=yahoo&.tsrc=rss

Govt embarks on mining titles computerisation
Thu, 20 Jul 2017 09:48:00 GMT
The Ministry of Industry and Commerce which is pursuing a quiet diplomacy in its search for a private partner in Zisco Steel after the flop of Esser deal said; A major announcement is in the offing as they seek to revive the steel industry.

SAIL, ArcelorMittal steel unit's site to be sealed in 3 months
Thu, 20 Jul 2017 00:00:00 GMT
It (SAIL, ArcelorMittal JV) is in the final stage now. Absolutely in the final stage, Steel Secretary Aruna Sharma told PTI in an interview.

Liberty acquires strategic Tier 1 component manufacturer
Thu, 20 Jul 2017 00:00:00 GMT
Sanjeev Guptas Liberty House Group has acquired a top UK manufacturer of cast aluminium engine and vehicle components in a rescue deal that helps save the jobs of around 550 automotive workers.

IMIDROs iron ore concentrate output in 3 months up by 37.6pct
Wed, 19 Jul 2017 21:33:00 GMT
Financial Tribune reported that mineral companies affiliated with Iranian state mines and metals holding company, IMIDRO, produced 9.49 million tonne of iron ore concentrate in the first three months of the current Iranian year (started March 21), up.....more

Cape Cod Five Cents Savings Bank Continues to Hold Stake in Nucor ...
Wed, 19 Jul 2017 15:08:25 GMT
Cape Cod Five Cents Savings Bank maintained its position in Nucor Corporation during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,600 shares of the basic materials company's stock at the end of the second quarter.

BHP Billiton meets iron ore, met coal output guidance, both to ...
Wed, 19 Jul 2017 11:36:00 GMT
All of BHPs iron ore production currently comes via Western Australia due to the suspension of operations at its Brazilian Samarco mine following a dam failure in 2015. The company saw an average realized price for iron ore of $58/wmt in fiscal 2016 ...

Escondida copper mine key to BHP Billiton growth ambition
Wed, 19 Jul 2017 06:56:00 GMT
That would be a dramatic contrast with the year just ended, where BHP experienced (with the exception of iron ore and energy coal ... and the continuing costs and lost production of the Samarco disaster that affected operations in 2016-17 BHP ought ...

UK Stocks-Factors to watch on July 19
Wed, 19 Jul 2017 00:18:00 GMT
BHP BILLITON: BHP Billiton's fiscal fourth quarter iron ore output rose 8 percent from a year ago ... BHP BILLITON: Vale SA on Tuesday said a Brazilian judge suspended a lawsuit over the miner Samarco Minerao SA's dam collapse in November 2015.

NLMK Lipetsk upgrades hot-rolling operations
Wed, 19 Jul 2017 00:00:00 GMT
NLMK Group is upgrading hot-rolled steel production at the Lipetsk site: the plan is to install a new walking-beam reheating furnace to streamline the slab heating process. The new furnace will replace the outdated pusher-type furnaces currently operational at the facility.

BHP hits iron ore, petroleum guidance
Tue, 18 Jul 2017 17:27:00 GMT
... 280 million tonnes of iron ore at the Western Australia Iron Ore operation, with its share expected to come in between 239 million and 243 million tonnes. Mining and processing at the Samarco joint venture operations in Brazil remain suspended and BHP ...

Brazilian judge suspends Samarco dam disaster civil claim indefinitely
Tue, 18 Jul 2017 17:16:00 GMT
Vale the worlds largest iron-ore producer, said in a press release that the judge's decision on Monday did not change the terms of a court decision that extended the deadline for Samarco parent companies Vale and BHP Billiton to negotiate a settlement ...

Jim Strugger's Nucor And US Steel Trade
Tue, 18 Jul 2017 13:53:49 GMT
Speaking on Bloomberg Markets , Jim Strugger suggested that investors should consider a bullish options strategy in Nucor Corporation and United States Steel Corporation . He said that the steel stocks traded higher on the news that President Trump may introduce tariffs and quotas for foreign steel.

IMIDROs Output Rises
Tue, 18 Jul 2017 13:16:00 GMT
Iran hopes to boost steel production capacity to 55 million tons/year by 2025 and aims to attract some $30 billion of foreign investment, according to IMIDRO Chairman Mehdi Karbasian. The European Commission has decided that Irans exports of hot-...

Middle East Stocks Mostly Drop Amid Weak Earnings Reports
Tue, 18 Jul 2017 09:39:00 GMT
Ezz Steel, which reported a wider quarterly consolidated net loss after tax and minority interests versus a year ago. It said the loss was 521 million Egyptian pounds ($29.2 million) this year, greater than the year ago's loss of 137 million pounds.

Number of news reports: 20

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